facts about home loans home loans in delaware: Home Loan Facts
- 07/17/15 06:34 AM
Home Loan Facts
A survey was recently conducted where people were asked about the current home lending environment. The results showed many are under the impression that it is very difficult to qualify for a loan. While it is true that lenders require more documentation than in previous years, the guide lines regarding credit scores, debt ratios and down payments are not as strict as one might think.
Here are some facts:
1. Borrowers do not need pristine credit to obtain a home loan. In fact, they do not need to have a credit score at all. Many lenders offer loans to borrowers with … (13 comments)
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Home Loan Facts
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